iShares U.S. Real Estate ETF Sees Unusually High Options Volume (NYSEARCA:IYR)

iShares U.S. Real Estate ETF (NYSEARCA:IYR) saw some unusual options trading activity on Monday. Stock investors purchased 52,368 put options on the stock. This is an increase of approximately 659% compared to the typical volume of 6,898 put options.

iShares U.S. Real Estate ETF Trading Up 0.1%

iShares U.S. Real Estate ETF stock opened at $95.06 on Tuesday. The stock has a 50 day moving average of $92.43 and a 200-day moving average of $94.55. iShares U.S. Real Estate ETF has a 52 week low of $81.53 and a 52 week high of $104.04. The stock has a market cap of $3.37 billion, a P/E ratio of 31.45 and a beta of 1.02.

Institutional Investors Weigh In On iShares U.S. Real Estate ETF

Hedge funds have recently added to or reduced their stakes in the stock. Oppenheimer & Co. Inc. increased its stake in iShares U.S. Real Estate ETF by 5.6% in the 4th quarter. Oppenheimer & Co. Inc. now owns 3,877 shares of the real estate investment trust’s stock worth $361,000 after purchasing an additional 207 shares in the last quarter. Principal Financial Group Inc. acquired a new stake in iShares U.S. Real Estate ETF in the 4th quarter worth approximately $4,176,000. Jones Financial Companies Lllp lifted its holdings in iShares U.S. Real Estate ETF by 109.3% in the 4th quarter. Jones Financial Companies Lllp now owns 2,108 shares of the real estate investment trust’s stock worth $196,000 after purchasing an additional 1,101 shares during the last quarter. Principal Securities Inc. increased its position in iShares U.S. Real Estate ETF by 67.9% in the 4th quarter. Principal Securities Inc. now owns 2,465 shares of the real estate investment trust’s stock worth $229,000 after buying an additional 997 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in shares of iShares U.S. Real Estate ETF by 37.4% in the fourth quarter. JPMorgan Chase & Co. now owns 568,030 shares of the real estate investment trust’s stock valued at $52,861,000 after purchasing an additional 154,705 shares in the last quarter.

iShares U.S. Real Estate ETF Company Profile

iShares U.S. Real Estate ETF, formerly iShares Dow Jones U.S. Real Estate Index Fund (the Fund), is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market, and includes companies in the industry groups, such as real estate holding and development and real estate investment trusts (REITs).